Liabilities / Assets
58th percentile
Tied with the lowest-debt nonprofits in its peer group.
Chess Education Foundation Inc.
990EZ • Fiscal year 2022 • EIN 84-1830726
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
58th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
78th percentile
Higher net margin than 78% of similar nonprofits.
Top Officer Pay
83rd percentile
Higher top officer pay than 83% of similar nonprofits.
Top officer pay equals 9.8% of source-year revenue.
Asset Growth
95th percentile
Faster asset growth than 95% of similar nonprofits.
Revenue Growth
90th percentile
Faster revenue growth than 90% of similar nonprofits.
Balance Sheet
Assets
Up$69,665
Up $45,860 (+193%) from 2021
Net Assets
Up$69,665
Up $45,860 (+193%) from 2021
Liabilities
Flat$0
Flat from 2021
Revenue And Expenses
Revenue
Up$157,386
Up $99,433 (+172%) from 2021
Expenses
Up$111,526
Up $77,378 (+227%) from 2021
Net Income
Up$45,860
Up $22,055 (+93%) from 2021
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- Apr 18, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $157,386
Mission and Program Overview
Mission
Mission: We Teach Life Skills Through Chess
Education
Program Services
| Description | Grants | Expenses |
|---|---|---|
| During the 2022 - 2023 school year, Chess Education Foundation has run chess clubs in approximately 30 schools. Teaching in schools is our biggest program currently with approximately 700 students attending in 2022 | $0 | $43,135 |
| Our second largest programming is running local chess tournaments. In addition to helping with the KY State Championships. In 2022 we ran a series of tournaments that will award a scholarship at the final event in 2023. | $0 | $18,330 |
| Our third Largest program is our new Chess Center. We organize community events including free club play, tournaments, and lessons for both adults and tournaments. We opened in December so most of our setup expenses occurred at the end of 2022. | $0 | $7,508 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| John Simons | Treasurer And Director | PT | $15,360 | - | $15,360 |
| Ryan Velez | President And Executive Director | PT | $15,200 | - | $15,200 |
| Richard Williams | Director | - | $0 | - | - |
| Jeet Bagga | Director | - | $0 | - | - |
| Eric Yussman | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Chess Education Foundation Inc
- EIN
- 84-1830726
- Phone
- 5024185312
- Address
- 2908 Brownsboro Rd Suite 212, Louisville, KY 40206
Signing Officer
- Name
- John Simons
- Title
- Treasurer
- Phone
- 5024185312
- Signed
- 2023-04-18
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 16
“Schedule O $9417 Tournament Expenses - Site and Equipment Rental, Awards, US Chess Ratings Fees (required to submit tournament results) $7890 Amilia and Netbanx - Payment and Registration processing fees (approximately $99/Month June-Dec and 3.85% + $.30 per transaction) $1131 Subscriptions - Online meeting software, website, Quickbooks, Canva, Tinyurl $1464 Office Supplies/costs - Checks, Toner/Paper, Business Filing fees, Internet, chess equipment for Instructors $692 State Farm - Liability/Workers Comp Insurance Coverage required to work in schools $5097 Facility - Furniture, carpet, lock replacement, and other costs to open.maintain a Chess Center”
Raw XML Appendix160 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
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| IRS990EZ/BenefitsPaidToOrForMembersAmt | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | John Simons |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 5024185312 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 3807 Therina Way |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Louisville |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | KY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 40241 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 23805 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 69665 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 1370 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 45860 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 51398 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form1120PolFiledInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 23805 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 69665 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | 0 |
| IRS990EZ/GamingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 0 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 157386 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MembershipDuesAmt | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 23805 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 69665 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 23805 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 69665 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 2737 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 20 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 20 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 4 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.5 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 0.5 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 15200 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 15360 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Ryan Velez |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | John Simons |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Richard Williams |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | Jeet Bagga |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | Eric Yussman |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President and Executive Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Treasurer and Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Director |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 25691 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 0 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Education |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 0 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 156016 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | During the 2022 - 2023 school year, Chess Education Foundation has run chess clubs in approximately 30 schools. Teaching in schools is our biggest program currently with approximately 700 students attending in 2022 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | Our second largest programming is running local chess tournaments. In addition to helping with the KY State Championships. In 2022 we ran a series of tournaments that will award a scholarship at the final event in 2023. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | Our third Largest program is our new Chess Center. We organize community events including free club play, tournaments, and lessons for both adults and tournaments. We opened in December so most of our setup expenses occurred at the end of 2022. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 2 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 43135 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 18330 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 2 | 7508 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 31700 |
| IRS990EZ/SaleOfAssetsGrossAmt | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | KY |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 111526 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 68973 |
| IRS990EZ/TotalRevenueAmt | 0 | 157386 |
| IRS990EZ/TransactionWithControlEntInd | 0 | 0 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | www.ChessEducation.org |
| IRS990ScheduleA/First5Years509Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 1370 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 1170 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 2540 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 156016 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 56783 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 212799 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 215339 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 157386 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 57953 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 0 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 215339 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 157386 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 57953 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 0 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 215339 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Schedule O $9417 Tournament Expenses - Site and Equipment Rental, Awards, US Chess Ratings Fees (required to submit tournament results) $7890 Amilia and Netbanx - Payment and Registration processing fees (approximately $99/Month June-Dec and 3.85% + $.30 per transaction) $1131 Subscriptions - Online meeting software, website, Quickbooks, Canva, Tinyurl $1464 Office Supplies/costs - Checks, Toner/Paper, Business Filing fees, Internet, chess equipment for Instructors $692 State Farm - Liability/Workers Comp Insurance Coverage required to work in schools $5097 Facility - Furniture, carpet, lock replacement, and other costs to open.maintain a Chess Center |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 16 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL2 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd | 0 | 0 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd | 0 | 11 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | John Simons |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Treasurer |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5024185312 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-04-18 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | CHESS EDUCATION FOUNDATION INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | CHES |
| ReturnHeader/Filer/EIN | 0 | 841830726 |
| ReturnHeader/Filer/PhoneNum | 0 | 5024185312 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 2908 Brownsboro Rd Suite 212 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Louisville |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | KY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 40206 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/ReturnTs | 0 | 2023-04-18T15:29:43-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $69,665
- Liabilities
- $0
- Net assets
- $69,665
- Revenue
- $157,386
- Expenses
- $111,526
- Net income
- $45,860
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